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Business & farm
We are just a general partnership so my understanding was we each each account for our own sales and expenses on our personal small business taxes. I didn't know about the 1065 until we filed for an EIN this year and they told me we needed one. And how do we get a K-1 without creating it? we are a small crafting business. in 2018 we barely made $125 in sales. But this year we are doing really well, so I need to figure this out. Do we ammend our tax return? Or just submit the 1065 separately?
‎June 7, 2019
5:26 PM